Imunon (IMNN) grants stock in lieu of salary to CMO
Rhea-AI Filing Summary
Faller Douglas Vincent reported acquisition or exercise transactions in this Form 4 filing.
Imunon, Inc. granted 3,082 shares of common stock to Chief Medical Officer Douglas Vincent Faller on July 17, 2026, valued at $1.83 per share. The stock was granted in lieu of cash for a portion of his base salary, and he now directly holds 26,286 shares of Imunon common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,082 shares
Net Buy
1 txn
Insider
Faller Douglas Vincent
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,082 | $1.83 | $6K |
Holdings After Transaction:
Common Stock — 26,286 shares (Direct)
Footnotes (1)
- F1. Stock granted in lieu of cash for portion of base salary
Key Figures
Shares granted: 3,082 shares
Grant value per share: $1.83 per share
Total shares after transaction: 26,286 shares
3 metrics
Shares granted
3,082 shares
Common stock granted to CMO on July 17, 2026
Grant value per share
$1.83 per share
Value assigned to the July 17, 2026 stock grant
Total shares after transaction
26,286 shares
Direct Imunon common stock holdings of the CMO after the grant
Key Terms
grant, award, or other acquisition, in lieu of cash, base salary
3 terms
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
in lieu of cash financial
"Stock granted in lieu of cash for portion of base salary"
base salary financial
"Stock granted in lieu of cash for portion of base salary"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction involving Imunon (IMNN) and Douglas Vincent Faller was reported?
Douglas Vincent Faller, Imunon’s chief medical officer, received a grant of 3,082 common shares on July 17, 2026. The stock was issued as part of his compensation package, replacing cash for a portion of his base salary rather than being a market purchase.
Is the Imunon (IMNN) CMO’s new stock position from a market buy or compensation grant?
The CMO’s new shares come from a compensation grant, not a market purchase. The shares were granted in lieu of cash for a portion of his base salary, indicating an equity-based salary component rather than active trading in Imunon stock.
Was the Imunon (IMNN) CMO’s stock grant made under a Rule 10b5-1 trading plan?
The report indicates the transaction was not made under a Rule 10b5-1 plan. The 10b5-1 checkbox is shown as unchecked, and the grant is described as stock issued in lieu of cash salary, rather than a trade executed under a preset trading program.